# 119-hr-2927: All-Americans Tax Relief Act of 2025 119-hr-2927, All-Americans Tax Relief Act of 2025, is a 119th Congress bill sponsored by Rep. Cherfilus-McCormick, Sheila [D-FL-20] (D-FL); status introduced; PRIA reads it as touching household money (as of 2025-12-21). - Canonical: https://policyrisk.com/legislation/119-hr-2927 - As of: 2025-12-21 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: 119-hr-2927 - Congress: 119 - Title: All-Americans Tax Relief Act of 2025 - Status: introduced - Introduced: 2025-04-17 - Sponsor: Rep. Cherfilus-McCormick, Sheila [D-FL-20] (D-FL) - Cosponsors: 4 - Policy area: Taxation - Touches household money: yes - Last recorded action: 2025-12-21 ## Summary **Expands refundable credits and creates broad new deductions** to cut taxes for many families and workers while raising the top long term capital gains rate to 25%. - Families and children would get a fully refundable Child Tax Credit of $2,000 per child for up to three children and $500 for additional children. The credit requires valid Social Security numbers and can bar claimants for multiple years after fraud or reckless claims. - Low-income workers would see a bigger Earned Income Tax Credit with higher credit rates based on number of qualifying children, rising to 45% for households with three or more children and new earned income and phaseout rules. - Many households would gain new deductions they can claim without itemizing. The bill creates or expands deductions for rent, commuting, daycare, medical expenses, credit card interest, and a tutoring deduction capped at $2,500. ## Cosponsors (4) - Rep. McIver, LaMonica [D-NJ-10] (D-NJ), 2025-04-17T00:00:00.000Z - Rep. Johnson, Henry C. "Hank" [D-GA-4] (D-GA), 2025-04-17T00:00:00.000Z - Rep. Tlaib, Rashida [D-MI-12] (D-MI), 2025-04-17T00:00:00.000Z - Rep. Tokuda, Jill N. [D-HI-2] (D-HI), 2025-05-05T00:00:00.000Z ## Provisions PRIA read - New tax break for renters: benefit, high. This bill would let you deduct rent paid on your main home. The deduction would shrink by 1% for every $500 your modified AGI is over $75,000, or for joint filers by 1% for every $1,000 over $150,000. Modified AGI adds certain excluded foreign income amounts. Non‑itemizers could claim it. It would… - Tax break for tutoring costs: benefit, high. This bill would let you deduct up to $2,500 a year for qualified tutoring for your child. The child must attend a Title I‑eligible public school or a qualifying charter school. Tutoring must be in groups of up to 4 students and meet session length and frequency rules. Non‑itemizers could claim it.… - Bigger child tax refunds for families: benefit, high. This bill would create a fully refundable child tax credit. You would get $2,000 for each of up to three children under 17 and $500 for each extra child. The credit would drop by $50 for each $1,000 (or part) your modified AGI is over $110,000 (joint), $75,000 (unmarried), or $55,000 (separate). Yo… - Bigger earned income credit for workers: benefit, high. This bill would raise Earned Income Tax Credit rates and update key dollar amounts. Credit rates would be 38% (1 child), 43% (2), 45% (3+), and 30% if no children (35% for joint filers). Earned income amounts would be $15,000 (1 child), $20,000 (2+), and $10,000 (no children joint) or $8,500 (other… - Bigger tax break for medical bills: benefit, high. This bill would remove the income‑based floor for the medical expense deduction. You could deduct all qualifying medical expenses that meet section 213 rules. Non‑itemizers could claim it. It would apply to tax years after December 31, 2026. - Deduction for credit card interest: benefit, high. This bill would let you deduct up to $2,500 of interest you paid on open‑end credit card plans. The terms would match the Truth in Lending Act definitions. Non‑itemizers could claim it. It would apply to tax years after December 31, 2026. - Deduction for public transit commuting: benefit, high. This bill would let you deduct verified public‑transit commuting costs if you work at the same place at least 20 hours a week. The deduction would be allowed only if your modified AGI is at or below $250,000 (joint) or $125,000 (others). Treasury would set what counts and how to verify by January 1… - Tax deduction for daycare tuition: benefit, high. This bill would let you deduct daycare tuition you pay for a dependent under age 7. The daycare must be a qualifying childcare institution under federal rules. Non‑itemizers could claim it. It would apply to tax years after December 31, 2026. - New priority for canceled debt taxes: benefit, medium. This bill would change how canceled debt is taxed for individuals. It would give priority to the individual exclusion and block other listed exclusions when the individual rule applies. It would also remove two subsections of section 108 and a clause in section 163. The change would apply to debt i… - Higher top capital gains tax: cost, medium. This bill would raise the top capital gains tax rate from 20% to 25%. You would pay 5% more tax on gains taxed at that top rate. It would apply to tax years beginning December 31, 2026. ## Related bills - 119-hr-9877: Health Equity and Accountability Act of 2026 - 119-hr-7977: Energy Bills Relief Act - 119-hr-7973: Momnibus Act - 119-hr-3971: Domestic Workers Bill of Rights Act - 119-hr-3069: Medicare for All Act - 119-hr-5361: George Floyd Justice in Policing Act of 2025 ## Sources - [119-hr-2927 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/2927) ## Related - [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877) - [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977) - [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973) - [119-hr-3971: Domestic Workers Bill of Rights Act](https://policyrisk.com/legislation/119-hr-3971) - [119-hr-3069: Medicare for All Act](https://policyrisk.com/legislation/119-hr-3069) - [119-hr-5361: George Floyd Justice in Policing Act of 2025](https://policyrisk.com/legislation/119-hr-5361) - [All bills in Congress](https://policyrisk.com/legislation) Source: PRIA, https://policyrisk.com/legislation/119-hr-2927 (as of 2025-12-21).